Category | Your Finances

Buying your first home will be one of those rare times that you’ll probably feel excited and nervous in equal measures. Securing a mortgage can be a big part of those nerves, and first-time homebuyers can follow some top mortgage tips to help alleviate the pressure. After all, this may be one of the biggest […]

Why do many of us find it so difficult to save? Shockingly, a recent survey revealed that almost half of all Canadians only have one month or less of emergency savings. Worse, the results showed that 26 per cent of us have nothing saved at all for emergency situations. And when it comes to retirement, […]

You probably already know that a credit rating is important, but do you know who needs to see your score and how it’s calculated? A credit rating is also commonly called a “credit score” and is a number that acts as a report card on how risky it is to lend you money. For individuals […]

Canada is increasingly becoming a cashless society, relying instead on contactless payments, mobile apps and electronic transfers. These days, we’re much more likely to ‘tap’ than dig around in our pockets or a coin purse for change. Learn the options you have to make payments in our new electronic reality. In a survey published […]

When you have some extra cash in your wallet, it’s tempting to spend it on a double-shot mocha latte with extra whipped cream. But what if you put that extra $5 a day into an investment account instead? Maybe you’ve been setting some money aside in a savings account, but not on a regular basis. […]

When signing up for a shiny new plastic companion — aka a credit card — a lot of people wonder, “Will this affect my credit rating?” There are some important variables that play into the final verdict. In short, your credit card usage does play a large role in your overall credit rating. Here are […]

Like many people who dream about purchasing a second home — such as your dream cottage or a revenue property — cash flow could be holding you back. Maybe you don’t have enough in your savings for a down payment on top of your existing mortgage. Or perhaps you don’t want to feel cash-strapped while […]

As the cost of housing continues to rise in many parts of Canada, homebuyers are looking for more affordable options. Rather than taking in a renter or listing your home on Airbnb, there are a number of alternative housing options opening up new avenues to homeownership — from co-ops to tiny homes and houseboats. These […]